2022
Exports
$6.24MWorld Rnk 49 / 120
Flag Rnk 29 / 642
2022
PRODUCT COMPLEXITY IN Cyclic Hydrocarbons
0.72Rnk 268 / 1025
2022
Imports
$12.6MWorld Rnk 68 / 194
Flag Rnk 408 / 1145
2022
ECONOMIC COMPLEXITY of Iraq
-0.84Rnk 103 / 133

About

Exports In 2022, Iraq exported $6.24M in Cyclic Hydrocarbons, making it the 49th largest exporter of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 29th most exported product in Iraq. The main destination of Cyclic Hydrocarbons exports from Iraq are: United Arab Emirates ($4.68M), Philippines ($843k), Jordan ($683k), and Lebanon ($26.2k).

The fastest growing export markets for Cyclic Hydrocarbons of Iraq between 2021 and 2022 were Jordan ($479k), Philippines ($397k), and Lebanon ($9.75k).

Imports In 2022, Iraq imported $12.6M in Cyclic Hydrocarbons, becoming the 68th largest importer of Cyclic Hydrocarbons in the world. At the same year, Cyclic Hydrocarbons was the 408th most imported product in Iraq. Iraq imports Cyclic Hydrocarbons primarily from: United Arab Emirates ($12.2M), Turkey ($200k), Spain ($101k), Belgium ($61k), and India ($26.3k).

The fastest growing import markets in Cyclic Hydrocarbons for Iraq between 2021 and 2022 were United Arab Emirates ($3.32M), Belgium ($51.9k), and Spain ($29k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cyclic Hydrocarbons. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.24M
IMPORTS (2022)$12.6M
NET TRADE (2022)-$6.4M

In 2022, Iraq exported $6.24M in Cyclic Hydrocarbons. The main destinations of Iraq exports on Cyclic Hydrocarbons were United Arab Emirates ($4.68M), Philippines ($843k), Jordan ($683k), and Lebanon ($26.2k).

In 2022, Iraq imported $12.6M in Cyclic Hydrocarbons, mainly from United Arab Emirates ($12.2M), Turkey ($200k), Spain ($101k), Belgium ($61k), and India ($26.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cyclic Hydrocarbons EXPORT MARKETS FOR Iraq WERE (2021 - 2022):
Jordan$479k (235%)
Philippines$397k (88.9%)
Lebanon$9.75k (59.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cyclic Hydrocarbons BY Iraq WERE (2021 - 2022):
Saudi Arabia-$1.42M (-100%)
United Arab Emirates-$705k (-13.1%)
Egypt-$17.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Iraq's main exporting competitors in Cyclic Hydrocarbons were:
In 2022, Iraq's main importing competitors in Cyclic Hydrocarbons were:

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Trade Value of Cyclic Hydrocarbons by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALJordan+ $139k
TOP IMPORT POTENTIALTurkey+ $330k

Cyclic Hydrocarbons’s highest export potential is Jordan. With an export gap of $139k.   Cyclic Hydrocarbons’s highest import potential is Turkey with an import gap of $330k.

See methodology.

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